Forecasting The Future: 6 Analyst Projections For IREN
6 analysts have expressed a variety of opinions on IREN (NASDAQ:IREN) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 1 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 3 | 1 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $19.5, a high estimate of $23.00, and a low estimate of $15.00. Marking an increase of 15.25%, the current average surpasses the previous average price target of $16.92.
Decoding Analyst Ratings: A Detailed Look
A comprehensive examination of how financial experts perceive IREN is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Reginald Smith | JP Morgan | Raises | Neutral | $16.00 | $12.00 |
Lucas Pipes | B. Riley Securities | Raises | Buy | $22.00 | $15.00 |
Joseph Vafi | Canaccord Genuity | Maintains | Buy | $23.00 | $23.00 |
Lucas Pipes | B. Riley Securities | Raises | Buy | $15.00 | $14.00 |
Paul Golding | Macquarie | Raises | Outperform | $20.00 | $15.50 |
Mike Colonnese | HC Wainwright & Co. | Lowers | Buy | $21.00 | $22.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to IREN. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of IREN compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of IREN's stock. This analysis reveals shifts in analysts' expectations over time.
For valuable insights into IREN's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on IREN analyst ratings.
All You Need to Know About IREN
IREN Ltd is engaged in data center business powering the future of Bitcoin, AI and beyond utilizing renewable energy.
Key Indicators: IREN's Financial Health
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining IREN's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 168.44% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: IREN's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 16.73% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): IREN's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.79% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): IREN's ROA stands out, surpassing industry averages. With an impressive ROA of 1.26%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: IREN's debt-to-equity ratio is below the industry average. With a ratio of 0.23, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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Latest Ratings for IREN
Date | Firm | Action | From | To |
---|---|---|---|---|
Mar 2022 | Compass Point | Downgrades | Buy | Neutral |
Feb 2022 | Cantor Fitzgerald | Initiates Coverage On | Overweight | |
Jan 2022 | Cowen & Co. | Initiates Coverage On | Outperform |
Posted-In: BZI-AARAnalyst Ratings